ICA Group Wealth Management LLC Buys Shares of 395 SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

ICA Group Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 395 shares of the company’s stock, valued at approximately $53,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $25,000. Glass Jacobson Investment Advisors llc grew its stake in SPDR S&P Aerospace & Defense ETF by 142.0% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock valued at $33,000 after acquiring an additional 142 shares during the period. CVA Family Office LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $34,000. Geneos Wealth Management Inc. increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 111.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock worth $45,000 after acquiring an additional 175 shares in the last quarter. Finally, Park Place Capital Corp acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $54,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA XAR traded up $1.22 on Monday, reaching $137.33. The company had a trading volume of 52,106 shares, compared to its average volume of 78,175. The company’s fifty day moving average is $136.88 and its 200-day moving average is $130.78. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 29.37 and a beta of 0.84. SPDR S&P Aerospace & Defense ETF has a 1-year low of $108.32 and a 1-year high of $142.78.

About SPDR S&P Aerospace & Defense ETF

The SPDR S&P Aerospace & Defense ETF (XAR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of US aerospace & defense companies. XAR was launched on Sep 28, 2011 and is managed by State Street.